Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Trading Up 2.2% – Here’s Why

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEUGet Free Report) shot up 2.2% during trading on Wednesday . The stock traded as high as $51.77 and last traded at $51.63. 74,050 shares changed hands during trading, an increase of 28% from the average session volume of 58,072 shares. The stock had previously closed at $50.52.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

The stock has a market capitalization of $766.71 million, a price-to-earnings ratio of 16.40 and a beta of 0.63. The stock’s 50 day simple moving average is $49.75 and its 200-day simple moving average is $48.94.

Institutional Investors Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter valued at $76,000. Jones Financial Companies Lllp lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after purchasing an additional 1,365 shares during the last quarter. Cooksen Wealth LLC lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after purchasing an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after purchasing an additional 65,754 shares during the last quarter.

About Xtrackers MSCI Europe Hedged Equity ETF

(Get Free Report)

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.

Further Reading

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